SBP establishes financial institutions resolution department

MG News | December 20, 2024 at 09:37 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 20, 2024 (MLN): The State Bank of Pakistan (SBP) has established a new department, the Financial Institutions Resolution Department (FIRD).

This department operates under the Banking Policy & Regulations Group and is responsible for resolving issues related to distressed regulated entities in the financial sector.

Additionally, it mentions that Syed Jahangir Shah has been appointed as the Director of FIRD, assuming responsibility for leading the department.

Copyright Mettis Link News

Related News

Diesel price rises by Rs2.25, petrol gets Rs3.19 relief

Govt accepts bids worth Rs23bn in Bai Muajjal purchase of GIS

Govt proposes Rs4,500 wheat price for 2027, up Rs1,000

Name	Price/Vol	%Chg/NChg
KSE100	164,549.00 32.81M	0.05% 81.79
ALLSHR	99,765.25 112.37M	0.04% 35.34
KSE30	48,493.21 8.09M	0.10% 50.80
KMI30	236,157.25 9.12M	0.22% 523.72
KMIALLSHR	64,569.20 46.75M	0.07% 48.05
BKTi	45,249.84 1.50M	-0.17% -78.99
OGTi	33,556.77 0.25M	-0.01% -3.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,875.00	81,360.00 80,530.00	130.00 0.16%
BRENT CRUDE	115.54	116.06 114.11	1.66 1.46%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.55 0.43%
ROTTERDAM COAL MONTHLY	146.75	146.75 146.75	-0.50 -0.34%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	101.40	101.50 99.75	1.50 1.50%
SUGAR #11 WORLD	19.20	19.42 19.03	0.10 0.52%